Two (2) Manufactured Homes for sale. Unit 1 is a 3/2 with 1216 sq ft. - Rents for $1,200 per month. - Unit 2 is a 2/1 with 700 sq ft. - Rents for $1,000 per month Tenant Occupied - Do not disturb tenants, enter gate or knock doors without an appointment. **Net Income Capitalization Method -- (NOI) $20,000 annually -- 10% Capitalization Rate -- $200,000**â¦â¦**Gross Rent Mulitplier (GRM) Method -- At a GRM of 8: Value = $26,400 x 8 = $211,200**
Location, location, location! Lot Size: 6.94 Acres on W Cedar Bayou Lynchburg Rd Centrally located near SH 146, I-10 and Hwy 330. In a qualified opportunity zone, City utilities on site Outside of all flood zones. An exceptional investment opportunity. This is a great space for a multi-family development, RV Mobile Home Ok. Offers excellent versatility for residential or commercial use!
Fully Remodeled Triplex â A Prime Investment Opportunity This beautifully remodeled triplex is perfect for first-time investors or seasoned property owners. The property boasts: ⢠Brand-new roof and siding ⢠Updated PEX plumbing ⢠Freshly painted interiors and exteriors ⢠New laminate flooring throughout ⢠Granite countertops in the kitchen ⢠Fully updated bathroom Two of the units are currently leased on 12-month agreements, while the main house is owner-occupied, offering immediate rental income potential. This is an excellent opportunity to step into real estate investment with minimal effort on renovations.
1 Acre lot with 2 rents, Commercial/ Residential!!! Quick access to Hwy 146. Don't miss out on this great opportunity!!Call and schedule appointment.
The median home value in Baytown, TX is $221,700. This is lower than the county median home value of $268,200. The national median home value is $338,100. The average price of homes sold in Baytown, TX is $221,700. Approximately 50.08% of Baytown homes are owned, compared to 41.31% rented, while 8.61% are vacant. Baytown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baytown real estate agent to arrange a tour today!
Baytown, Texas 77521 has a population of 82,543. Baytown 77521 is more family-centric than the surrounding county with 36.95% of the households containing married families with children. The county average for households married with children is 34.48%.
The median household income in Baytown, Texas 77521 is $56,409. The median household income for the surrounding county is $65,788 compared to the national median of $69,021. The median age of people living in Baytown 77521 is 33.2 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 56.4 inches per year, with 0 inches of snow per year.